Travel Time Savings in a Proposed Government Project: the Canlubang-Bay Bypass Road

Date

1-2022

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

U-Primo E. Rodriguez

Committee Member

Jaime Kim B. Arias U-Primo E. Rodriguez Maria Angeles O. Catelo Agham C. Cuevas

Abstract

This study analyzes travel time savings in a government proposed Public Private Partnership infrastructure project to decongest travel in Laguna, Region IV-A. The project, called the Canlubang-Bay Bypass Road is one of many projects that are proposed to utilize reclaimed land along the shore of Laguna de Bay to divert traffic from the congested National Highway.

The framework values multi-modal travel time savings through the monetary value of time, and considers the differences in variables across different modes of transport. It takes from previous studies in the Philippine context such as those of the Japan International Cooperation Agency. Data used was both simulated through a traffic simulator and obtained from secondary data. These were used to approximate a scenario that covers both the base case and a hypothetical scenario with a bypass road. Findings from the study indicate that travel time savings are gained with the project implementation.

Language

English

LC Subject

Travel time savings, Traffic congestion, Value of time

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2022 E2 P38

Document Type

Thesis

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